Accounts Payable - Bengaluru, Karnataka, India - Synopsys

Synopsys

Verified Company

Bengaluru, Karnataka, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

49580BR

INDIA
Bangalore

Job Description and Requirements

Role:

Synopsys is looking for a Credit and Collections Professional whose primary roll will be to perform collection of payment on customers and assess customers' creditworthiness. This position will report to the Corporate Credit Manager, located in Mountain View, CA.

Responsibilities:

Perform daily customer collections activities to maximize timely collections and minimize write-offs.

Negotiate repayment plans with delinquent customers
Continuous reconciliation of customer and GL accounts
Provide standard and adhoc reporting to management, such as monthly A/R aging reports and related summaries, risk analysis and assist with quarterly audit reports.
Forecast cash collections, analyze historic payment trends
Perform credit analysis of new and existing customers daily
Approve and Recommend credit limits appropriate to risk profile through diligent risk assessment and monitoring
Highlight significant credit risk and collection issues to senior management
Review contractual payment terms and approve or make recommendations
Collaborate with internal teams, such as Sales, Finance, Tax, OM, and Legal
Improve and automate processes, and update policies and controls as needed

To successfully perform this job, the individual must satisfactorily complete each essential duty. A list of required knowledge, skills, and abilities is provided below.
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Education, Experience and Technical Skills:

SAP, FSCM Collections Module a plus
Advanced Microsoft Excel skills
Proven track record for driving process efficiencies
Bachelor's degree in Finance or related field
M&A experience a plus

Additional Requirements:

Excellent verbal and written communication skills and ability to communicate effectively at all levels; excellent customer service skills
Ability to work independently in a fastpaced high volume environment
Team player with excellent interpersonal skills who can collaborate effectively across multiple functions to achieve goals on time
Excellent analytical and problem solving skills
Ability to manage projects to completion, on time and under pressure
Must be able to work with a wide variety of people with different personalities, backgrounds and experience
Strong negotiating skills
Strong in analyzing financials statements and evaluation of dynamics impacting customer credit profile
Strong ability to provide a succinct and articulate credit analysis and recommendation

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